David Bruton Smith net worth and biography

David Smith Biography and Net Worth

Chairman and Chief Executive Officer of Sonic Automotive

David Bruton Smith was elected as Chief Executive Officer of Sonic in September 2018 and Chairman of the Board in July 2022. Prior to his election as Chief Executive Officer, Mr. Smith served as Sonic’s Executive Vice Chairman and Chief Strategic Officer from March 2018 to September 2018, as Sonic’s Vice Chairman from March 2013 to March 2018 and as an Executive Vice President of Sonic from October 2008 to March 2013. He has been a director of Sonic since October 2008 and has served in Sonic’s organization since 1998. Prior to being named an Executive Vice President and a director in October 2008, Mr. Smith had served as Sonic’s Senior Vice President of Corporate Development since March 2007. Mr. Smith served as Sonic’s Vice President of Corporate Strategy from October 2005 to March 2007, and also served prior to that time as Dealer Operator and General Manager of several Sonic dealerships. Mr. Smith is also a director and an officer of Sonic Financial Corporation, the largest stockholder of Sonic, and a co-owner and director of Speedway Motorsports.

What is David Bruton Smith's net worth?: The estimated net worth of David Bruton Smith is at least $35.02 million as of May 14th, 2024. Mr. Smith owns 583,054 shares of Sonic Automotive stock worth more than $35,018,223 as of April 25th. This net worth approximation does not reflect any other investments that Mr. Smith may own. Additionally, Mr. Smith receives an annual salary of $3,450,000.00 as Chairman and Chief Executive Officer at Sonic Automotive. Learn More about David Bruton Smith's net worth.
How old is David Bruton Smith?: Mr. Smith is currently 49 years old. There are 3 older executives and no younger executives at Sonic Automotive. Learn More on David Bruton Smith's age.
What is David Bruton Smith's salary?: As the Chairman and Chief Executive Officer of Sonic Automotive, Inc., Mr. Smith earns $3,450,000.00 per year. Learn More on David Bruton Smith's salary.
How do I contact David Bruton Smith?: The corporate mailing address for Mr. Smith and other Sonic Automotive executives is 4401 COLWICK ROAD, CHARLOTTE NC, 28211. Sonic Automotive can also be reached via phone at (704) 566-2400 and via email at ir@sonicautomotive.com. Learn More on David Bruton Smith's contact information.
Has David Bruton Smith been buying or selling shares of Sonic Automotive?: David Bruton Smith has not been actively trading shares of Sonic Automotive in the last ninety days. Most recently, David Bruton Smith sold 41,770 shares of the business's stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $59.27, for a transaction totalling $2,475,707.90. Following the completion of the sale, the chief executive officer now directly owns 583,054 shares of the company's stock, valued at $34,557,610.58. Learn More on David Bruton Smith's trading history.
Who are Sonic Automotive's active insiders?: Sonic Automotive's insider roster includes Heath Byrd (Executive Vice President, Chief Financial Officer), Jeff Dyke (President), and David Smith (Chairman and Chief Executive Officer). Learn More on Sonic Automotive's active insiders.
Are insiders buying or selling shares of Sonic Automotive?: In the last twelve months, insiders at the sold shares 8 times. They sold a total of 167,396 shares worth more than $9,863,863.71. The most recent insider tranaction occured on July, 18th when CFO Heath Byrd sold 19,827 shares worth more than $1,189,620.00. Insiders at Sonic Automotive own 42.7% of the company. Learn More about insider trades at Sonic Automotive.
Information on this page was last updated on 7/18/2024.

David Bruton Smith Insider Trading History at Sonic Automotive

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/14/2024	Sell	41,770	$59.27	$2,475,707.90	583,054
5/9/2024	Sell	67,703	$58.43	$3,955,886.29	583,054
5/7/2024	Sell	21	$58.49	$1,228.29	583,054
4/29/2024	Sell	3,861	$61.43	$237,181.23	583,054
8/25/2022	Sell	54,670	$55.60	$3,039,652.00	467,856
4/13/2021	Sell	13,029	$49.16	$640,505.64	445,271
8/20/2020	Sell	5,999	$45.00	$269,955.00	387,865
8/18/2020	Sell	10,946	$45.07	$493,336.22	387,865
3/2/2015	Sell	8,000	$25.03	$200,240.00
3/4/2014	Sell	10,000	$24.17	$241,700.00	173,308

David Bruton Smith Buying and Selling Activity at Sonic Automotive

Sonic Automotive Company Overview

Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in three segments, Franchised Dealerships, EchoPark, and Powersports. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests. The EchoPark segment sells used cars and light trucks; and arranges finance and insurance product sales for its guests in pre-owned vehicle specialty retail locations. The Powersports Segment sells new and used powersports vehicles, such as motorcycles, and personal watercraft and all-terrain vehicles; and offers finance and insurance services. The company was incorporated in 1997 and is based in Charlotte, North Carolina.

Today's Range

Now: $59.28

$58.49

$60.26

50 Day Range

MA: $62.24

$54.93

$74.13

2 Week Range

Now: $59.28

$51.27

$76.78

Volume

131,751 shs

Average Volume

197,345 shs

Market Capitalization

$2.00 billion

P/E Ratio

9.58

Dividend Yield

2.41%

Beta

1.43

David Smith Biography and Net Worth

What is David Bruton Smith's net worth?

How old is David Bruton Smith?

What is David Bruton Smith's salary?

How do I contact David Bruton Smith?

Has David Bruton Smith been buying or selling shares of Sonic Automotive?

Who are Sonic Automotive's active insiders?

Are insiders buying or selling shares of Sonic Automotive?